Foschini Group Ltd
JSE:TFG
Income Statement
Earnings Waterfall
Foschini Group Ltd
Revenue
|
54.7B
ZAR
|
Cost of Revenue
|
-29B
ZAR
|
Gross Profit
|
25.7B
ZAR
|
Operating Expenses
|
-22.2B
ZAR
|
Operating Income
|
3.5B
ZAR
|
Other Expenses
|
-713.5m
ZAR
|
Net Income
|
2.8B
ZAR
|
Income Statement
Foschini Group Ltd
Sep-2003 | Mar-2004 | Sep-2004 | Mar-2005 | Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 060
N/A
|
4 410
+9%
|
4 809
+9%
|
5 280
+10%
|
5 776
+9%
|
6 432
+11%
|
6 912
+7%
|
7 230
+5%
|
7 526
+4%
|
7 668
+2%
|
7 775
+1%
|
8 089
+4%
|
8 389
+4%
|
8 606
+3%
|
9 115
+6%
|
9 937
+9%
|
10 783
+9%
|
11 630
+8%
|
12 314
+6%
|
12 896
+5%
|
13 445
+4%
|
14 159
+5%
|
14 803
+5%
|
16 086
+9%
|
18 542
+15%
|
21 108
+14%
|
22 762
+8%
|
23 549
+3%
|
24 511
+4%
|
28 520
+16%
|
32 055
+12%
|
34 101
+6%
|
35 144
+3%
|
35 323
+1%
|
30 898
-13%
|
32 950
+7%
|
39 442
+20%
|
43 370
+10%
|
47 843
+10%
|
51 778
+8%
|
54 695
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 771)
|
(4 056)
|
(4 463)
|
(4 578)
|
(4 986)
|
(5 522)
|
(5 990)
|
(6 240)
|
(5 340)
|
(4 480)
|
(4 540)
|
(4 695)
|
(4 874)
|
(5 006)
|
(5 287)
|
(5 768)
|
(6 250)
|
(6 750)
|
(7 148)
|
(6 906)
|
(6 980)
|
(7 579)
|
(7 938)
|
(8 484)
|
(9 470)
|
(10 613)
|
(11 397)
|
(11 845)
|
(12 154)
|
(13 558)
|
(14 879)
|
(15 821)
|
(16 363)
|
(16 700)
|
(15 638)
|
(17 960)
|
(20 826)
|
(22 344)
|
(24 514)
|
(26 960)
|
(28 983)
|
|
Gross Profit |
224
N/A
|
354
+58%
|
346
-2%
|
702
+103%
|
790
+13%
|
909
+15%
|
922
+1%
|
991
+7%
|
2 187
+121%
|
3 190
+46%
|
3 237
+1%
|
3 396
+5%
|
3 516
+4%
|
3 600
+2%
|
3 828
+6%
|
4 169
+9%
|
4 533
+9%
|
4 880
+8%
|
5 167
+6%
|
5 991
+16%
|
6 465
+8%
|
6 580
+2%
|
6 865
+4%
|
7 602
+11%
|
9 072
+19%
|
10 494
+16%
|
11 365
+8%
|
11 704
+3%
|
12 356
+6%
|
14 962
+21%
|
17 177
+15%
|
18 281
+6%
|
18 781
+3%
|
18 623
-1%
|
15 260
-18%
|
14 990
-2%
|
18 616
+24%
|
21 027
+13%
|
23 329
+11%
|
24 819
+6%
|
25 712
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 754)
|
(7)
|
(3)
|
1
|
0
|
(1)
|
(1)
|
0
|
(1 169)
|
(2 356)
|
(2 517)
|
(2 689)
|
(2 878)
|
(3 085)
|
(3 209)
|
(3 361)
|
(3 565)
|
(3 816)
|
(4 079)
|
(4 581)
|
(4 888)
|
(5 191)
|
(5 509)
|
(6 455)
|
(7 350)
|
(8 431)
|
(9 302)
|
(9 629)
|
(10 294)
|
(12 591)
|
(14 413)
|
(15 162)
|
(15 592)
|
(15 698)
|
(14 170)
|
(14 802)
|
(16 735)
|
(17 382)
|
(19 079)
|
(21 076)
|
(22 209)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 023)
|
(2 174)
|
(2 296)
|
(2 476)
|
(2 712)
|
(2 905)
|
(3 048)
|
(3 211)
|
(3 446)
|
(3 719)
|
(3 989)
|
(3 786)
|
(3 836)
|
(4 377)
|
(4 589)
|
(4 934)
|
(5 592)
|
(6 202)
|
(6 709)
|
(6 998)
|
(7 529)
|
(9 197)
|
(10 625)
|
(11 303)
|
(11 692)
|
(11 857)
|
(10 974)
|
(11 210)
|
(12 334)
|
(13 011)
|
(14 297)
|
(15 791)
|
(16 851)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
(98)
|
(205)
|
(218)
|
(231)
|
(248)
|
(264)
|
(273)
|
(283)
|
(296)
|
(312)
|
(320)
|
(317)
|
(332)
|
(366)
|
(390)
|
(428)
|
(444)
|
(465)
|
(513)
|
(540)
|
(610)
|
(746)
|
(2 230)
|
(3 649)
|
(3 750)
|
(3 843)
|
(3 944)
|
(4 293)
|
(4 317)
|
(4 334)
|
(4 548)
|
(5 064)
|
(5 417)
|
|
Other Operating Expenses |
(1 748)
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
(49)
|
22
|
(3)
|
18
|
83
|
85
|
113
|
134
|
177
|
214
|
228
|
(478)
|
(720)
|
(449)
|
(529)
|
(1 093)
|
(1 314)
|
(1 765)
|
(2 079)
|
(2 091)
|
(2 155)
|
(2 649)
|
(1 558)
|
(210)
|
(151)
|
2
|
748
|
701
|
(84)
|
(37)
|
(235)
|
(221)
|
60
|
|
Operating Income |
535
N/A
|
347
-35%
|
342
-1%
|
702
+105%
|
790
+13%
|
909
+15%
|
922
+1%
|
991
+7%
|
1 017
+3%
|
832
-18%
|
719
-14%
|
706
-2%
|
637
-10%
|
515
-19%
|
619
+20%
|
808
+31%
|
968
+20%
|
1 065
+10%
|
1 088
+2%
|
1 409
+30%
|
1 577
+12%
|
1 389
-12%
|
1 356
-2%
|
1 147
-15%
|
1 722
+50%
|
2 063
+20%
|
2 063
0%
|
2 074
+1%
|
2 062
-1%
|
2 371
+15%
|
2 764
+17%
|
3 119
+13%
|
3 189
+2%
|
2 925
-8%
|
1 090
-63%
|
188
-83%
|
1 881
+899%
|
3 645
+94%
|
4 250
+17%
|
3 743
-12%
|
3 503
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
54
|
405
|
546
|
444
|
490
|
579
|
716
|
792
|
522
|
292
|
661
|
1 061
|
1 156
|
1 196
|
1 224
|
1 249
|
1 310
|
1 437
|
1 565
|
890
|
562
|
986
|
1 082
|
1 140
|
1 053
|
1 024
|
1 087
|
1 130
|
1 118
|
1 059
|
745
|
460
|
510
|
424
|
292
|
365
|
438
|
443
|
442
|
306
|
228
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(292)
|
(66)
|
(66)
|
0
|
0
|
(79)
|
0
|
0
|
0
|
0
|
680
|
(2 266)
|
(2 946)
|
(59)
|
(64)
|
(6)
|
(19)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
333
|
662
|
329
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
589
N/A
|
752
+28%
|
889
+18%
|
1 147
+29%
|
1 280
+12%
|
1 488
+16%
|
1 638
+10%
|
1 783
+9%
|
1 872
+5%
|
1 786
-5%
|
1 709
-4%
|
1 767
+3%
|
1 794
+2%
|
1 712
-5%
|
1 843
+8%
|
2 051
+11%
|
2 272
+11%
|
2 502
+10%
|
2 653
+6%
|
2 299
-13%
|
2 139
-7%
|
2 375
+11%
|
2 439
+3%
|
2 287
-6%
|
2 483
+9%
|
3 021
+22%
|
3 085
+2%
|
3 204
+4%
|
3 180
-1%
|
3 351
+5%
|
3 509
+5%
|
3 578
+2%
|
3 699
+3%
|
3 349
-9%
|
2 062
-38%
|
(1 713)
N/A
|
(627)
+63%
|
4 029
N/A
|
4 627
+15%
|
4 043
-13%
|
3 713
-8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(174)
|
(229)
|
(276)
|
(369)
|
(416)
|
(480)
|
(533)
|
(591)
|
(617)
|
(580)
|
(550)
|
(564)
|
(569)
|
(549)
|
(592)
|
(662)
|
(742)
|
(810)
|
(814)
|
(669)
|
(628)
|
(692)
|
(708)
|
(749)
|
(795)
|
(864)
|
(857)
|
(851)
|
(864)
|
(942)
|
(938)
|
(938)
|
(995)
|
(906)
|
(435)
|
(149)
|
(620)
|
(1 119)
|
(1 261)
|
(1 018)
|
(923)
|
|
Income from Continuing Operations |
417
|
524
|
613
|
778
|
865
|
1 010
|
1 106
|
1 192
|
1 255
|
1 206
|
1 158
|
1 202
|
1 225
|
1 163
|
1 251
|
1 389
|
1 530
|
1 692
|
1 839
|
1 630
|
1 511
|
1 684
|
1 731
|
1 538
|
1 688
|
2 157
|
2 228
|
2 353
|
2 317
|
2 408
|
2 571
|
2 640
|
2 704
|
2 444
|
1 627
|
(1 862)
|
(1 247)
|
2 910
|
3 366
|
3 026
|
2 790
|
|
Income to Minority Interest |
(6)
|
(7)
|
(9)
|
(11)
|
(15)
|
(22)
|
(51)
|
(73)
|
(85)
|
(78)
|
(54)
|
(66)
|
(74)
|
(77)
|
(83)
|
(87)
|
(95)
|
(110)
|
(121)
|
(134)
|
(142)
|
(1)
|
27
|
(39)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
411
N/A
|
517
+26%
|
604
+17%
|
767
+27%
|
849
+11%
|
987
+16%
|
1 055
+7%
|
1 119
+6%
|
1 170
+5%
|
1 128
-4%
|
1 105
-2%
|
1 137
+3%
|
1 151
+1%
|
1 087
-6%
|
1 169
+8%
|
1 302
+11%
|
1 435
+10%
|
1 582
+10%
|
1 718
+9%
|
1 792
+4%
|
1 731
-3%
|
1 860
+7%
|
2 227
+20%
|
1 858
-17%
|
1 688
-9%
|
2 156
+28%
|
2 226
+3%
|
2 351
+6%
|
2 315
-2%
|
2 407
+4%
|
2 570
+7%
|
2 640
+3%
|
2 704
+2%
|
2 444
-10%
|
1 627
-33%
|
(1 862)
N/A
|
(1 247)
+33%
|
2 910
N/A
|
3 366
+16%
|
3 026
-10%
|
2 790
-8%
|
|
EPS (Diluted) |
1.8
N/A
|
2.25
+25%
|
2.79
+24%
|
3.47
+24%
|
3.91
+13%
|
4.44
+14%
|
4.86
+9%
|
5.15
+6%
|
5.46
+6%
|
4.8
-12%
|
5.36
+12%
|
5.46
+2%
|
5.54
+1%
|
5.15
-7%
|
5.62
+9%
|
6.11
+9%
|
7
+15%
|
7.67
+10%
|
8.22
+7%
|
8.53
+4%
|
8.32
-2%
|
8.98
+8%
|
10.86
+21%
|
9.01
-17%
|
8.11
-10%
|
9.04
+11%
|
10.5
+16%
|
9.62
-8%
|
10.51
+9%
|
9.29
-12%
|
9.67
+4%
|
9.92
+3%
|
10.19
+3%
|
9.2
-10%
|
6.29
-32%
|
-6.14
N/A
|
-3.86
+37%
|
8.95
N/A
|
10.43
+17%
|
9.3
-11%
|
8.61
-7%
|